Planned Giving

  201-833-3014    |      cdavey@holyname.org

Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to Holy Name, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Holy Name may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to Holy Name to pay these premiums
  • You can make a substantial gift on the installment plan
  • Holy Name receives a gift they can use now or hold for the future

 

Contact Us

Cathleen Davey
President, Holy Name Foundation
Vice President for Development, Holy Name
201-833-3014
cdavey@holyname.org

Holy Name
718 Teaneck Road
Teaneck, NJ 07666

Federal Tax ID Number: 22-2737143

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